Zhejiang Taihua New Material
Zhejiang Taihua New Material Group Co., Ltd. engages in research, development, spinning, weaving, dyeing, finishing, and selling of environmental protection and health, outdoor sports, special protection, and other fabrics in the People's Republic of China. The company offers cool, antibacterial, hygroscopic and sweat releasing, recycled environment-friendly, nylon mechanical stretch, air texture… Read more
Zhejiang Taihua New Material - Asset Resilience Ratio
Zhejiang Taihua New Material (603055) has an Asset Resilience Ratio of 0.43% as of March 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2022)
This chart shows how Zhejiang Taihua New Material's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Taihua New Material's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥50.00 Million | 0.43% |
| Total Liquid Assets | CN¥50.00 Million | 0.43% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Taihua New Material maintains only 0.43% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Zhejiang Taihua New Material Industry Peers by Asset Resilience Ratio
Compare Zhejiang Taihua New Material's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465 |
Textile Manufacturing | 19.02% |
|
Kyungbangco.Ltd
KO:000050 |
Textile Manufacturing | 0.01% |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158 |
Textile Manufacturing | 0.06% |
|
Jilin Chemical Fibre Co Ltd
SHE:000420 |
Textile Manufacturing | 1.34% |
|
Anhui Huamao Textile Co Ltd
SHE:000850 |
Textile Manufacturing | 16.68% |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949 |
Textile Manufacturing | 0.52% |
|
Chonbang
KO:000950 |
Textile Manufacturing | 27.45% |
|
Xinlong Holding Group Co Ltd
SHE:000955 |
Textile Manufacturing | 14.63% |
Annual Asset Resilience Ratio for Zhejiang Taihua New Material (2017–2022)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Taihua New Material.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 0.82% | CN¥61.88 Million | CN¥7.59 Billion | -0.53pp |
| 2021-12-31 | 1.35% | CN¥86.52 Million | CN¥6.43 Billion | -1.04pp |
| 2020-12-31 | 2.39% | CN¥130.25 Million | CN¥5.45 Billion | +0.21pp |
| 2019-12-31 | 2.18% | CN¥100.03 Million | CN¥4.59 Billion | -6.89pp |
| 2017-12-31 | 9.07% | CN¥300.00 Million | CN¥3.31 Billion | -- |